Former employee pleads not guilty to defrauding Rockland bank of more than $400,000

PORTLAND, Maine — The trial of a 44-year-old Rockland woman accused of stealing more than $400,000 from Rockland Savings Bank is scheduled to begin in March.

Shauna L. Quinn pleaded not guilty Tuesday at her arraignment in U.S. District Court before Judge Magistrate John Rich III on a single count of bank fraud. She faces up to 30 years in prison and a fine of at least $1 million.

Quinn had been indicted Jan. 9 by a federal grand jury in Portland on the charge. The indictment came a month after the U.S. Attorney’s Office had filed a criminal complaint against her for allegedly creating home equity lines of credit and loans in the names of family members between July 2008 and June 2011 totaling nearly $540,000 while working for Rockland Savings Bank in Rockland.

The defense has a Jan. 29 deadline to file motions.

The trial will be presided over by Judge George Singal beginning March 4.